From sustainable practices to cutting-edge technology, we've identified seven travel industry trends that are redefining the future of the travel industry and reshaping business travel solutions.
While hybrid corporate events may be the future of modern meetings and conferences, planning and hosting one poses some unique challenges. If you're wondering how to host the best hybrid event, this guide covers it all. You'll learn everything from what hybrid events are and the benefits they deliver to how to plan a hybrid conference that delivers on your goals along with some hybrid event ideas to make it successful.
The U.S. Federal Trade Commission’s recent decision to ban non-compete agreements marks a pivotal shift in employment regulations nationwide. This rule not only prohibits new agreements but also retroactively impacts existing ones.
Satisfaction across airlines, lodging, car rentals, and online travel agencies climbs again, returning to prepandemic levels, according to the American Customer Satisfaction Index (ACSI) Travel Study 2023-2024. The airline industry stands out, hitting an all-time customer satisfaction high of 77 after a second straight 1% year-over year improvement.
Two top artificial intelligence experts - one an optimist and the other more alarmist about the technology's future -engaged in a spirited debate at the TIME100 Summit on Wednesday.
Ristorante and Caffé embarks on a new chapter, concepted in partnership with top Four Seasons chefs
Parents of children with ADHD, autism or other forms of neurodiversity share their plans, preferences and challenges for future family vacations in landmark travel survey
Reaching $25.9 Billion USD and 13.5% Annual Growth
Highlights Include Committing to Reduce Greenhouse Gas Emissions, Incorporating Sustainability into Property Improvement Plans, and a Refreshed Approach to Human Trafficking Awareness and Prevention
U.S. hotel performance showed mixed results from the previous week, according to CoStar's latest data through 20 April.
'Sense of place' has long been a buzz phrase. Linked to a range of disciplines from urban planning to sociology, nowadays it is increasingly being used in the hospitality industry. It captures the physical aspects, culture and history of a place, as well as its impact on the senses, which can trigger emotions. Over time, it can create feelings of familiarity, comfort and security, as well as a sense of belonging.
The American Hotel & Lodging Association (AHLA) today is leading an industry-wide Tax Day of Action in support of the Tax Relief for American Families and Workers Act, H.R. 7024.
Hotel tech companies join forces for a globetrotting adventure of innovation, connection, and industry transformation
To better understand the current state of the travel industry and latest travel trends, AnalyticsIQ's Cognitive Sciences team lead a comprehensive study to better gauge how people are traveling and the modern travel-related behaviors we can expect to see. This article will delve into the key findings in their latest research report - Understanding Modern Travel Trends - and highlight the most important 'need-to-knows' for both travel brands and marketers alike.
Hyatt Hotels Corporation (NYSE: H) announced that World of Hyatt is offering members new access to earn and redeem at a collection of more than 700 boutique and luxury hotels and villas around the globe with Mr & Mrs Smith, the luxury travel platform Hyatt acquired in 2023, now available for booking today.
Having the right software integrations with your sales and catering platform like Tripleseat for Hotels can significantly enhance productivity and streamline operations. Here, we discuss the top software integrations that every hotel should consider to ensure that their teams can perform more work in less time, thus enhancing both guest satisfaction and operational effectiveness.
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% year-over-year (YOY) increase in projects and a 7% YOY increase in rooms compared to last year.
Promotes Red Roof Executive Fouad Malouf to the Newly Created Position of Chief Operating Officer
Llama 3, the AI model introduced by the US-based social media company Meta Platforms Inc. (Meta), has sparked a wave of reactions from technology and AI influencers. Influencers on the 'X' platform are buzzing with excitement over Llama 3's launch, viewing it as a transformative step towards democratizing AI, which led to a sharp rise in discussions around 'Llama 3' during the third week of April, reveals Social Media Analytics Platform of GlobalData.
STR's global 'bubble chart' update for the four weeks ending 6 April 2024 shows 60% of markets with year-over-year growth in revenue per available room (RevPAR). That volume was noticeably less than the 77% of markets with growth in our last update, showing more of the world has reached a normalization period.
Steve Jobs once said, 'The mark of an innovative company is not only that it comes up with new ideas first, but also that it knows how to leapfrog when it finds itself behind.' There is, perhaps, no more relevant sentiment to apply to the hospitality industry. I recently had an insightful conversation with Feng Ou. We discussed his experience starting up in Silicon Valley, the evolution of DerbySoft, and potential strategies for hoteliers to keep up with market changes.
Dan Emert, Managing Principal of Prime Investment Properties and member of Hotel Brokers International, developed the marketing strategy and led the negotiations in the transaction. The Virginian Hotel has been acquired by JET Hospitality for an undisclosed price.
Hoteliers face an onslaught of challenges every single day. That's why we compiled the 2024 Hotelier Sentiment Study where we uncovered the top concerns of hoteliers just like you. On this episode, we go through the data and discuss the top 4 takeaways.
The Hospitality Sales and Marketing Association International (HSMAI) has announced the launch of the Commercial Effectiveness Organizational Assessment, a tool providing a structured framework for assessing where a hotel organization's commercial structure is strong and where improvements are needed.
Hotels in Jacksonville, Florida, experienced a robust March, driven in part by an influx of visitors for the 50th edition of THE PLAYERS Championship at TPC Sawgrass. This surge in demand coincided with the entrance of several new hotels into the market, which affected hotel performance metrics.